It is not a secret that Kentucky’s pension system is in serious crisis. Read more about this here.
We will no doubt be hearing more about this in years to come in Kentucky. In fact, don’t be surprised if this issue is dominant in upcoming legislative sessions and election debates.
With that in mind, here is a simple and informative article that lays out some of the important language, terms, and concepts associated with pensions in Kentucky. This is a great primer for a basic understanding of the pension problem!